Kraft, execs hit with over $62 mln in penalties over accounting scheme -SEC - NewsBreak

WASHINGTON, Sept 3 (Reuters) - The Kraft Heinz Company (KHC.O) and two former executives will pay penalties of more than $62 million to settle charges they falsified supplier contracts to achieve cost savings, the U.S. securities regulator said on Friday. The Securities and Exchange Commission (SEC) alleged that the consumer...